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Power

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Overview

AsiaElec covers utility-scale power developments and policy across all main industry sectors, including coal and gas-fired thermal power, nuclear, renewables, hydro, combined heat and power (CHP), transmission, grid and storage. It also covers the closely interlinked coal-mining sector.

AsiaElec reports on project investment and approval, providing news and intelligence on key developments. This is ideal, not only for investors, developers and competitors, but for service, infrastructure and construction companies, who benefit from knowing where best to make their next key move in a rapidly developing market.

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Bangladesh nuclear project features in anti-Moscow moves

21 April 2023

In a bid to circumnavigate anti-Russian sanctions, the government of Bangladesh is set to transfer a payment in Chinese yuan to Moscow for work at its Rooppur nuclear facility.

Japan CO2 emissions fall 5.1% in 2021 fiscal year but coal remains in transition plan

20 April 2023

Japanese government data shows that the country reduced its overall CO2 emissions by 5.1% during the 2020-21 fiscal year. This marks Japan’s seventh consecutive year of reduction levels in its greenhouse gas emissions.

China’s SPIC expands Brazilian presence to encompass hydrogen projects

19 April 2023

China’s SPIC is expanding its presence in the Brazilian energy sector to encompass green and blue hydrogen production as well as LNG imports and natural gas-fired electricity generation.

China’s Goldwind reaches 100 GW of wind turbines globally

19 April 2023

China’s Goldwind, the largest wind turbine manufacturer in the world, has reached 100 GW of installed capacity globally, the company has announced.

Tesla to make grid-scale batteries in China

18 April 2023

Tesla has unveiled a factory to make Megapack batteries near Shanghai in China.

Indian renewables strong at home, with hints of overseas expansion

18 April 2023

At the end of 2022, India stood fourth on the Renewable Energy Installed Capacity rankings list. The nation also held fourth place in both the installed wind and solar power capacity rankings.

Ind-Ra report points to major rise in thermal power capacity for FY24

18 April 2023

The influential India Ratings and Research agency (Ind-Ra) has said it anticipates a significant rise in thermal based power capacity in fiscal 2024.

Philippine conglomerate claims 24% of $1bn wind project in Laos

18 April 2023

Reports from Manila last week pointed to the nation’s oldest registered conglomerate, Ayla Corporation, as investing in the first ever wind power project in Laos by way of a subsidiary, ACEN International.

Japanese energy, motoring firms to challenge China’s ammonia goals

17 April 2023

Just weeks after China laid bare its plans one day to dominate the regional ammonia market, seven Japanese firms have come together to openly challenge Beijing’s attempt at cornering a potentially profitable future energy resource.

Taiwan’s domestic lithium battery production gets a boost

17 April 2023

Formosa Smart Energy Tech Corporation (FSET), a subsidiary of the Formosa Plastics Group (FPG), has started construction on a large-scale battery facility in central Taiwan.

Indian nuclear power capacity to triple by 2031

17 April 2023

A nation rarely mentioned in terms of nuclear power capacity, India is intending to at least triple its nuclear power capacity by 2031.

China greenlights CNOOC's offshore wind plans

14 April 2023

China has endorsed Chinese offshore operator CNOOC Ltd’s plan to build a massive offshore wind farm in the South China Sea. This move is part of the government's plan to reduce carbon emissions, by powering offshore oil and gas fields with wind.

Global power sector emissions may have peaked – Ember

12 April 2023

Emissions from the electricity sector could have peaked in 2022, says a new report from climate and energy think-tank Ember.

Global wind energy to top 1-TW threshold by the end of 2023

12 April 2023

The global wind energy market will achieve 1 TW of installed capacity by the end of 2023, according to Wood Mackenzie's latest market outlook. This marks a significant acceleration in growth, as it took more than 40 years to reach the first TW.

Aussie LNG exports reconsidered to aid in local fuel supply

12 April 2023

With winter fast approaching in the southern hemisphere, Australian authorities are pondering whether to limit LNG exports as winter Down Under threatens possible power supply risks.

Siemens Gamesa, Arafura sign rare earths agreement

12 April 2023

Australian miner Arafura and leading wind turbine manufacturer Siemens Gamesa Renewable Energy (SG) have signed an agreement for the supply of rare earth metals.

Why hydrogen might tip the scales on China’s power conundrum

11 April 2023

The nation of 1.4bn, now the second most populous in the world behind India, is repeatedly setting records in its use of cleaner, greener forms of energy, most notably solar and wind.

China leading the pack on switch to sodium-ion packs

11 April 2023

With lithium-ion batteries seen by a growing number of nations as the battery tech of yesteryear thanks to the obvious limit of natural lithium in the world, the race is on to lodge patents to control the next big thing in battery tech: sodium-ion.

Indonesia warms to possibility of ThorCon nuclear reactors

10 April 2023

The local Indonesian subsidiary of US-based ThorCon Power, PT ThorCon Power Indonesia, has taken a crucial step towards helping one day power the Southeast Asian nation with nuclear power.

Japan plans to jump aboard the hydrogen bandwagon

10 April 2023

The Japanese government will revamp its national hydrogen make-up by May 31. The move is the latest aimed at keeping Japan competitive in both regional and global hydrogen markets as demand for the fuel increases and uses develop in the years ahead.

Indian rise in coal mining in line with global trends

10 April 2023

Newly released figures showing coal production in India to have risen by 12% during the month of March to just shy of 108mn tonnes are in line with global trends.

China to exceed 1.2 TW wind, solar by 2030

4 April 2023

China is expected to exceed its target of having 1.2 TW of combined solar and wind energy capacity in place by 2030, with forecasts predicting a combined capacity of 3.3 TW by that time, according to a new report by Goldman Sachs Research.

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